GST Council Meeting Updates: Exemption on Imported COVID-Related Supplies Till August 31; Amnesty Scheme and More
Central govt stares at dip in revenue collections
May 21, 2021GST Council meet begins, tax rate cut on COVID essentials, compensation to states on agenda
May 28, 2021GST Council Meeting Updates: Union finance minister Nirmala Sitharaman chaired the Goods and Services Tax (GST) Council meeting on Friday, after a gap of seven months. With the second wave of coronavirus pandemic ravaging the country, several states urged a reduction in GST rates on essential COVID-19 supplies including various medicines, medical devices, and health services.